Production: Manufacturing: Intermediate Goods: Total for Germany
Annual, Not Seasonally Adjusted
PRMNIG01DEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.19
Year-over-Year Change
26.38%
Date Range
1/1/1960 - 1/1/2021
Summary
The Annual, Not Seasonally Adjusted trend measures the value of production from mining operations in Germany. This metric provides insight into the performance and growth of the German mining industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the annual output and activity levels of the mining sector in Germany. It is used by economists and policymakers to assess the state of the German industrial base and monitor long-term production trends.
Methodology
The data is collected through surveys of mining companies and producers across Germany.
Historical Context
Trends in German mining production are closely watched for their implications on the broader German economy and international trade.
Key Facts
- Germany is a major global producer of industrial minerals and metals.
- Mining accounts for approximately 2% of Germany's GDP.
- Annual mining output in Germany has trended upward over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, non-seasonally adjusted value of production from mining operations in Germany.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and growth of the German mining industry, which is an important component of the country's industrial base and economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of mining companies and producers across Germany.
Q: How is this trend used in economic policy?
A: Trends in German mining production are closely watched by economists and policymakers for their implications on the broader German economy and international trade.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, reflecting the time needed to collect and compile the information from mining companies.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRMNIG01DEA661N), retrieved from FRED.